Ex-crypto exec Do Kwon faces US criminal fraud charges over TerraUSD and Luna currencies
Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated US$40 billion in 2022, was set to appear in US court on Thursday to face criminal fraud charges after being extradited from Montenegro this week. Federal prosecutors in Manhattan in March 2023 charged Kwon, who co-founded Terraform Labs and developed … Read more